Union Pacific Co. (NYSE:UNP) Shares Acquired by Mirabaud Asset Management Ltd

Mirabaud Asset Management Ltd increased its holdings in Union Pacific Co. (NYSE:UNP) by 102.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,016 shares of the railroad operator’s stock after acquiring an additional 3,049 shares during the quarter. Mirabaud Asset Management Ltd’s holdings in Union Pacific were worth $1,370,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Palogic Value Management L.P. increased its stake in Union Pacific by 1.5% in the fourth quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock valued at $644,000 after purchasing an additional 42 shares during the period. Roble Belko & Company Inc increased its position in Union Pacific by 26.8% in the 4th quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after acquiring an additional 45 shares during the period. Pflug Koory LLC raised its stake in Union Pacific by 0.5% during the 4th quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock valued at $1,954,000 after acquiring an additional 45 shares during the last quarter. Baron Wealth Management LLC lifted its position in Union Pacific by 3.3% during the 4th quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock worth $321,000 after acquiring an additional 45 shares during the period. Finally, Mystic Asset Management Inc. grew its stake in shares of Union Pacific by 2.0% in the 4th quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator’s stock valued at $527,000 after purchasing an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Union Pacific stock opened at $212.86 on Friday. The firm’s 50-day moving average is $242.01 and its two-hundred day moving average is $238.85. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The stock has a market capitalization of $127.57 billion, a P/E ratio of 19.19, a P/E/G ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 12-month low of $212.55 and a 12-month high of $258.07.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same period in the prior year, the firm posted $2.71 earnings per share. Equities analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.52%. The ex-dividend date was Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is 48.33%.

Insider Activity

In other news, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the completion of the sale, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. This represents a 19.79 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction on Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the completion of the transaction, the president now owns 64,960 shares in the company, valued at $16,240,000. The trade was a 10.35 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

UNP has been the subject of several analyst reports. UBS Group cut their price target on Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research note on Wednesday. Guggenheim raised their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Loop Capital lowered shares of Union Pacific from a “hold” rating to a “sell” rating and dropped their price target for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Stifel Nicolaus increased their price target on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Finally, Wells Fargo & Company lowered their price objective on Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average price target of $261.95.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.